Fluor Corporation (FLR) Advances U.S. Rare Earth Project with Ramaco

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Fluor Corporation (NYSE:FLR), a global leader in engineering, procurement, and construction (EPC) services, is expanding its role in the critical minerals sector, which is vital for high-tech manufacturing and national security. In July 2025, the company completed a Preliminary Economic Assessment (PEA) for Ramaco Resources’ Brook Mine, potentially the largest unconventional rare earth deposit in the U.S. The project is technically and commercially viable, projecting a 38% internal rate of return, with an expected steady-state EBITDA of $143 million by 2029 and annual revenue of $378 million.

An engineer in her office examining a blueprint, surrounded by engineering components.

Fluor Corporation (NYSE:FLR)’s involvement reflects a strategic shift toward supporting the domestic supply of critical minerals like gallium, scandium, and neodymium, essential for electronics, batteries, and defense technologies. This work aligns with national priorities to reduce dependence on foreign sources and bolster clean energy infrastructure. By leveraging its engineering expertise, the company is positioning itself at the forefront of critical mineral development, moving beyond traditional infrastructure projects to address emerging global demands.

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